How Corporate Investors Can Improve Their Odds
Harvard Business Review
MARCH 27, 2014
VCs, they’re told, take more of a long-term approach, have a greater degree of risk tolerance, and parcel out their funds in stages to mitigate risk. Ideas with positive discounted cash flows get investment. All of this is right, as far as it goes. One – possibly more promising — receives one more round of funding.
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